According to the reporter's investigation, Viet Bac Joint Stock Auction Company has just announced the organization of a land use rights auction for 16 plots of land belonging to the Bac Son extended road residential area project (from Cay Xanh hamlet, Quyet Thang commune to Cao Trang hamlet, Phuc Xuan commune), Thai Nguyen province.
According to information from the organizing unit, the plots of land put up for auction have an area of 410m2 to 848m2, all of which are urban land with a long term of use. The starting price is calculated by m2, the total value of each lot ranges from over VND6.6 billion to nearly VND10.8 billion.
Notably, many lots have prime locations, adjacent to two sides of the road such as QM2-06-01, QM2-02-01, QM2-04-01; some lots have one side of the road and one side of the road, suitable for investment needs or long-term housing construction.
The time for issuing and receiving documents and payment forms is from 7:30 a.m. on October 31, 2025 to 5:00 p.m. on November 12, 2025.
Participants must pay a deposit of 20% of the starting price of the registered land lot, and this amount must be "reported" by the bank before 5:00 p.m. on the same day.
The price announcement session is scheduled to take place at 8:30 a.m. on November 15, 2025 at the Hall on the 3rd floor, Quyet Thang Ward People's Committee. The auction is conducted by secret ballot, bidding up; the ballot is sent by post.
Conditions for participating in the auction include: individuals who meet the conditions according to the provisions of land law and property auctions; valid documents according to the form, with a photocopy of the citizen identification card. The fee for purchasing documents is 300,000 VND/plot.
Participants must accurately record the lot symbol on the documents and in the money transfer content; in case of incorrect information, the documents will be removed, the documents purchase will not be refunded.
The organizing unit also sent a notice that participants need to carefully study the auction documents publicly on the Property Auction Information Portal and the company's website.
spouses and siblings are not allowed to register to auction a plot of land to ensure fairness and transparency.
